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Fyre Festival reaches financial settlement with 277 ticketholders – 9TheFIX

Disastrous concert-that-never-happened

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The Fyre Festival has reached a settlement with 277 ticketholders from the famously disastrous 2017 concert-that-never-happened, with each recipient being awarded US$7220 ($9286) payouts.
The settlement between the ticketholders and the trustee of Fyre Festival assets was filed in US Bankruptcy Court in the Southern District of New York on Tuesday; the news was first reported by Billboard.
Ben Meiselas of Geragos and Geragos, lead attorney for the class-action suit, told Variety, “It’s a small but…

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